As marketers, we become experts in our target audiences. We know their typical demographic, what they like, the platforms they spend time on, and what they value in a product.
But unlike sales reps — who talk to and learn from their biggest prospects each day — we don't always know tiny, but crucial, details about the brands or people we most want to sell to. So, how do we bridge the gap to better help our sales teams sell to high-priority clients? The answer to this question could be account-based marketing (or ABM).
While inbound marketing is vital for pulling general audiences and demographics to your site, service, or store, account-based marketing can help you to reel in prospects or qualified leads that are most likely to buy your product.
To show you just how beneficial account-based marketing can be, while also informing you of the challenges it comes with, here are 38 stats you should know in 2021.
As a marketer, it's important to know what makes ABM techniques successful and how they differ from other target audience marketing tactics.
Additionally, you'll want to learn about the companies you're interested in marketing to, similar to how you learn about a target audience. For example, before creating an ABM campaign, you'll want to learn about the pain points of companies in your industry, company missions, and what their top decision-makers value in a product or service.
Once you discover valuable data about the accounts you'd like to market to and feel ready to create a campaign, check out our account strategy templates below.
Editor's note: This post was originally published in May 2020 and has been updated for comprehensiveness.
Originally published Sep 27, 2021 3:30:00 PM, updated September 27 2021